DJIA: uptrend in force, but we see signs of fatigue – correction.
Key levels for the index 17 722 – 17815. Crossing price under 17,722 will activate flags formation and may be followed by a decrease to 17 600 points.
Market situation is speculative. Investors accumulated fears of Greece and the election of 01.25.2014 year, on the other hand the positive expectations for the financial statements in the US, which will start tomorrow
We have no signal for short positions, but it is very likely to see the amplification of negative sentiment.
Crossing the price below 17,722 will give a signal for short
The indicators are in negative formation, price below 50, 100 and 200 moving averages probably decrease